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Armando retired when he was 5 8 years old and began receiving annuity. The annuity pays him $ 8 0 0 per month for life

Armando retired when he was 58 years old and began receiving annuity. The annuity pays him $800 per month for life from a qualified retirement plan from his former employer. The annuity began in on January 1,2020. His investment in the annuity contract was $90,000. What is the amount of Armando's taxable income from this annuity contract for 2023? Show your work.
90000310=290.32
800-290=51012=6120
Taxable amount for 2023_6120
2. If Armando dies in 2049, what would be his taxable income from this annuity in tax year 2048?
Taxable amount for 2048
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